Culbertson A N & Co. Inc. raised its stake in United Parcel Service, Inc. (NYSE:UPS) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,215 shares of the transportation company’s stock after acquiring an additional 605 shares during the period. Culbertson A N & Co. Inc.’s holdings in United Parcel Service were worth $1,947,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in UPS. United Services Automobile Association grew its holdings in shares of United Parcel Service by 1.4% during the first quarter. United Services Automobile Association now owns 1,293,554 shares of the transportation company’s stock worth $138,798,000 after purchasing an additional 17,370 shares during the last quarter. CFO4Life Group LLC bought a new stake in shares of United Parcel Service during the first quarter worth $32,657,000. Gofen & Glossberg LLC IL grew its holdings in shares of United Parcel Service by 0.5% during the first quarter. Gofen & Glossberg LLC IL now owns 21,268 shares of the transportation company’s stock worth $2,282,000 after purchasing an additional 100 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of United Parcel Service by 3.1% during the first quarter. Principal Financial Group Inc. now owns 1,025,918 shares of the transportation company’s stock worth $110,081,000 after purchasing an additional 31,304 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in shares of United Parcel Service by 4.0% during the first quarter. Wellington Management Group LLP now owns 29,387,614 shares of the transportation company’s stock worth $3,153,291,000 after purchasing an additional 1,117,802 shares during the last quarter. Institutional investors own 53.67% of the company’s stock.

Shares of United Parcel Service, Inc. (NYSE UPS) traded down $2.08 on Thursday, hitting $118.29. The stock had a trading volume of 3,346,900 shares, compared to its average volume of 2,719,689. United Parcel Service, Inc. has a twelve month low of $102.12 and a twelve month high of $125.16. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 9.33. The firm has a market capitalization of $103,726.44, a price-to-earnings ratio of 20.13, a PEG ratio of 2.16 and a beta of 0.92.

United Parcel Service (NYSE:UPS) last released its earnings results on Thursday, October 26th. The transportation company reported $1.45 earnings per share for the quarter, meeting the consensus estimate of $1.45. United Parcel Service had a return on equity of 551.29% and a net margin of 5.58%. The firm had revenue of $15.98 billion for the quarter, compared to analyst estimates of $15.62 billion. During the same quarter in the prior year, the firm posted $1.44 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. equities analysts predict that United Parcel Service, Inc. will post 6.01 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 29th. Shareholders of record on Monday, November 13th were paid a $0.83 dividend. This represents a $3.32 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend was Friday, November 10th. United Parcel Service’s payout ratio is 81.37%.

Several brokerages have recently commented on UPS. UBS increased their target price on United Parcel Service from $117.00 to $126.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Deutsche Bank upgraded United Parcel Service from a “hold” rating to a “buy” rating and increased their target price for the stock from $125.00 to $135.00 in a report on Monday. Robert W. Baird reaffirmed a “hold” rating and set a $118.00 price target on shares of United Parcel Service in a research note on Sunday, October 1st. Cowen upped their price target on United Parcel Service from $115.00 to $124.00 and gave the company a “market perform” rating in a research note on Monday, October 23rd. Finally, Stifel Nicolaus upped their price target on United Parcel Service from $103.00 to $112.00 and gave the company a “hold” rating in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. United Parcel Service currently has an average rating of “Hold” and an average price target of $121.45.

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United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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